26 April 2024
ME Group International plc
("ME Group")
Result of 2024 AGM
ME Group, the instant-service equipment group, held its 2024 Annual General Meeting ("AGM") today at the offices of Hudson Sandler LLP, 25 Charterhouse Square, London EC1M 6AE. All resolutions set out in the Notice of AGM, sent to shareholders on 1 March 2024, were passed on a show of hands.
The following levels of proxy appointments and associated instructions were received before the meeting:
| Ordinary Business | The number of shares in respect of which proxy appointments have been validly made | Proxy Votes For | Proxy Votes Against | Proxy Votes withheld | % for | % against | |
| Ordinary Resolutions | | | | | | | |
| 1. | To receive the Accounts and Report of the directors and the auditor for the year ended 31 October 2023. | 302,266,497 | 301,180,098 | 659,195 | 427,204 | 99.78% | 0.22% |
| 2. | To approve the directors' remuneration report for the year ended 31 October 2023. | 302,266,497 | 291,299,852 | 10,748,092 | 218,553 | 96.44% | 3.56% |
| 3. | To approve the directors' remuneration policy. | 302,266,497 | 294,625,449 | 7,582,979 | 58,069 | 97.49% | 2.51% |
| 4. | To approve a final dividend 4.42p per ordinary share in respect of the year ended 31 October 2023 payable on 23 May 2024. | 302,261,270 | 302,204,160 | 23,205 | 33,905 | 99.99% | 0.01% |
| 5. | To re-appoint Mazars LLP as auditor. | 302,266,497 | 302,050,193 | 182,099 | 34,205 | 99.94% | 0.06% |
| 6. | To authorise the directors to fix the remuneration of the auditor. | 302,266,497 | 302,048,684 | 28,908 | 188,905 | 99.99% | 0.01% |
| 7. | To re-elect Emmanuel Sir John Lewis as director. | 302,266,497 | 273,182,018 | 28,772,155 | 312,324 | 90.47% | 9.53% |
| 8. | To re-elect Serge Crasnianski (without controlling shareholder's votes). | 302,266,497 | 286,306,987 | 15,802,183 | 157,327 | 94.77% | 5.23% |
| 9. | To re-elect Françoise Coutaz-Replan as director. | All shareholders: 302,266,497 | 271,476,121 | 30,631,935 | 158,441 | 89.86% | 10.14% |
| Independent shareholders: 164,463,456 | 133,673,080 | 30,631,935 | 158,441 | 81.36 | 18.64% | ||
| Special Business | | | | | | | |
| Ordinary Resolution | | | | | | | |
| 10. | To approve the executive share option scheme. | 302,266,497 | 300,931,512 | 1,138,400 | 196,585 | 99.62% | 0.38% |
| 11. | To authorise the directors to allot shares and grant rights to subscribe for, or convert any security into, shares up to a maximum amount. | 302,266,497 | 301,059,989 | 1,054,224 | 152,284 | 99.65% | 0.35% |
| Special Resolutions | | | | | | | |
| 12. | To allow general meetings other than an Annual General Meeting may be called on not less than 14 clear days' notice. | 302,266,497
| 300,813,171
| 1,420,814
| 32,512
| 99.53%
| 0.47%
|
| 13. | To enable directors to allot shares for cash without first offering them to existing shareholders.
| 302,266,497 | 301,411,878 | 642,348 | 212,271 | 99.79% | 0.21% |
| 14. | To grant additional rights to the directors to enable them to allot shares for cash without first offering them to existing shareholders. | 302,266,497 | 301,060,471 | 994,252 | 211,774 | 99.67% | 0.33% |
| 15.
| To authorise the Company to make market purchases of its own shares. | 302,266,497 | 298,027,715 | 4,192,352 | 46,430 | 98.61% | 1.39% |
Notes:
1. Votes withheld have not been counted in the calculation of the proportion of the votes "for" and "against" resolutions.
2. Valid proxy instructions were received in respect of 302,266,497 shares representing 80.29% of the issued share capital.
3. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
Enquiries:
| ME Group International plc | |
| Del Mansi, Company Secretary | +44 (0) 1372 453 399 |
| Hudson Sandler | |
| Wendy Baker/Nick Moore | +44 (0) 20 7796 4133 me-group@hudsonsandler.com |
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